Official Name: Republic of Maldives

Capital City: Male

Currency: Rufiyaa (MVR)

Maldives National Flag

Continent: Asia Country: Maldives Total Banks: 7

Male anchors the banking landscape of Maldives, where Bankinfobook currently verifies 7 institutions as part of the 2026 data review.

Maldives reports a public debt-to-GDP ratio of approximately 116.9%, against an unemployment rate of 4.50%. Foreign exchange reserves equal roughly 8.45% of GDP, indicating a limited external liquidity buffer relative to economic output. The average income level sits at approximately 1,245.00 USD, relevant context alongside the country's banking infrastructure. Maldives's largest commercial bank is Maldives bank.

Bankinfobook estimates 100% SWIFT-to-Bank connectivity for Maldives, placing it in the 'Integrated' tier of our Financial Connectivity Index.

Looking for more details on SWIFT codes? Explore our comprehensive guide to SWIFT Codes Explained.


BOC bank

SWIFT: BCEYMVMV

CBM bank

SWIFT: CBMVMVMV

HBL bank

SWIFT: HABBMVMV

Maldives bank

SWIFT: MALBMVMV

Maldives Islamic bank

SWIFT: MADVMVMV

MCB bank

SWIFT: MCBLMVMV

SBI bank

SWIFT: SBINMVMV

✓ Verified: This entry was personally compiled and reviewed by Milan Ignjatovic using primary sources.

Founder & Sole Curator, Bankinfobook | Master Manager of ICT · Graduated Economist

Last Data Review: January 21, 2026